M&T Bank Small Business Banking

Learn more about M&T Bank business banking with features & benefits, rates & fees, and frequently asked questions.

Updated on March 12th, 2019

The SMB Guide is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more

M&T Bank is an American bank that provides a variety of financial solutions, including business bank accounts for businesses of all sizes. Business owners can set up business checking and savings accounts at M&T to securely manage their money.

Also Consider

Azlo Small Business Banking

Fee-Free Small Business Banking

Get Started

Bank from anywhere.

All the features, none of the fees.

M&T Bank Business Banking Rates & Fees:

M&T Simple Checking for Business

$10.00 /mo.

M&T Tailored Business Checking

$20.00 /mo.

M&T BizFlex Checking

$50.00 /mo.

Commerical Checking

$26.00 /mo.

Non-Profit Checking

$7.50 /mo.

M&T Medical Services Checking

$25.00 /mo.

M&T Professional Services Checking

$10.00 /mo.

M&T Business Interest Checking

$15.00 /mo.

Commercial Money Market Savings Account

$0.00 or $10.00 /mo. (depending on balance)

Commercial Savings Account

$0.00 or $5.00 /mo. (depending on balance)

M&T Market Advantage for Business Savings

$0.00 or $12.50 /mo. (depending on balance)

M T Bank Small Business Banking
M&T Bank Review:

Pros: Over 2,000 ATMs nationwide. Checking fees can easily be waived.

Cons: Steep overdraft fees.

Bottomline: Fees are higher than some big banks, but M&T has a strong national network if you need a bank with easy accessibility.

M&T Bank Business Banking Features & Benefits:

Customized banking options.

If you need a unique banking solution that meets the demands of your business, an M&T banking expert can help you by creating a financial set up that works for you.

Merchant services.

M&T has a host of convenient merchant services that can be integrated with your M&T business banking products to allow for seamless financial activity.

Online and mobile banking.

M&T allows you to have complete access to your bank accounts through their online and mobile banking platforms. With online and mobile banking, you can access your account information and make changes whenever and wherever you like.

Low monthly checking fees.

M&T's monthly fees for checking accounts range in price from $10.00 to $50.00, but these fees can be waived if your business maintains a high enough monthly balance.

M&T Bank News & Activity:

Date

News or Activity

March 5, 2019

M&T Bank (MTB) Rallies 20% YTD: What's Driving the Stock?

March 5, 2019

M&T Bank lands a spot on 'World's Best Banks' list

February 27, 2019

M&T Bank hiring 240 to handle increased loan servicing workload

February 21, 2019

Through acquisition, M&T Bank expands mortgage servicing business

M&T Bank Key Information:

Founded

1856

Headquarters

Buffalo, NY

CEO

René F. Jones

Phone Number

1 (800) 724-2440

Address

1 M&T Plaza, Buffalo, NY 14203

Website

www.mtb.com

M&T Bank Business Banking FAQs:

How do I sign into my M and T Bank online account?

You can access your M&T online banking account through the M&T login page at mtb.com. Just click "Log In" on the homepage to access your M&T web banking account.

How can I contact M and T Bank customer service?

You can contact the M&B Bank customer service department by calling 1 (800) 724-2440.

Is there an M&T Bank Business account that is suitable for large cash balances?

You can open a Commercial Money Market Savings Account with M&T business banking if you want to earn interest on a large cash balance. This account has tiered interest rates.

Are there any M&T Bank alternatives?

M&T Bank Reviews:

Source

Review

Alexandra Hopkins - facebook.com

I would give 0 stars if I could. I’ve had a checking account and a savings account for ten years here. I am on vacation out of state and my debit card was closed due to out of state / irregular activity per the customer service representative I spoke with on the phone. I inquired about getting a new debit card overnighted to me while on vacation (or even reactivating the card sitting in my wallet...) and I was told that M and T bank doesn’t overnight cards, and the soonest they would get me one would be 2 business days. Unacceptable when Fedex and UPS offer “next day air with Saturday delivery” options. I’ll be closing my account next week and taking all of my banking elsewhere.

Magen Blickensderfer Mullet - facebook.com

Stay far away from this bank as possible just tried to make a payment and they wouldn’t take it. I then got screamed at by the account manager that I am not their customer. Also got told they are not in customer service. Worse call experience I have ever had.

Pamela Jean - facebook.com

Horrible customer service! Employees need a refresher course in how to treat customers. Absolutely hate dealing with this bank.

Sacha Henriquez - facebook.com

By far the worst banking experience of my life. I was hit with an overdraft fee when I had funds available in my account and when I called to dispute it the representative was extremely rude and even hung up on me. I’m closing my account and will NEVER bank with them again.

Aurora Weishaupt - facebook.com

My husband and I had our debit card information stolen on 2 separate occasions. M&T has great frauds protection because both times they quickly caught the activity and no money ever left our bank. They even went the extra mile and called us to notify us of the suspicious activity as soon as it happened. The customer service reps did an awesome job explaining everything to us and we got our new cards in a timely manner.